Tag Archives: credit

What is Mortgage Insurance and How Does it Work?

Part of Homebuying 101

When shopping for your mortgage, you may already know some of the one-time costs involved, such as down payment and closing costs. But there are also some recurring costs — like mortgage insurance — that you should get familiar with,…

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Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

4 Homebuying Tips for Tipped Employees

Part of Homebuying 101

Plenty of people rely on tips for a some or all of their income. Right now, more than 16 million Americans work in the kinds of service and hospitality industry jobs that have traditionally relied on tips for compensation. And…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

To Buy or Not to Buy: What to Do When Mortgage Rates Are Rising

Part of Homebuying 101

The Federal Reserve has raised interest rates three times in 2018, and they’re not finished: another hike is expected before the end of the year. If that’s not bad enough, most financial analysts agree that we can look forward to…

Next Up!
Get HomeReady: An Affordable Mortgage Program You Might Have Missed

It’s not easy being a homebuyer in today’s market. If low inventory and high home prices weren’t enough, once record-low mortgage rates have risen to levels not seen since 2008. It’s enough to inspire anyone to consider all sorts of...

A History of Credit Scores and Credit Reporting

Part of our Credit Series

Credit scores are a fact of life for Americans in the 21st-century, but credit scores haven’t always existed. Without credit scores, lenders might still be relying on handshakes and other subjective measures to determine credit-worthiness. Doing so would leave millions…

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The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

Buying a Home When Your Partner Has Bad Credit

Part of our Credit Series

So, you’ve found a person with whom you want to spend the rest of your life. When you met, it was like you’d known each other forever. And now, the two of you want to buy a home and build…

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The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

How to Clean Up Your Credit When Preparing to Buy a Home

Part of our Credit Series

Maybe your credit history isn’t exactly stellar. Sure, you’d like to be a homeowner one day—maybe even one day soon. But that recent run of bad luck and/or bad decisions showing up on your credit report doesn’t put you or…

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The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

Buying a Home Soon? Here’s How to Protect Your Credit Score

Part of our Credit Series

Your credit score may never be more important than it is when you’re applying for a mortgage. It’s not easy to raise your credit score dramatically in a short period of time. But it is easy to inadvertently lower your…

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The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

How to Dispute Errors on Your Credit Report

Part of our Credit Series

Errors on credit reports are surprisingly common. A few years ago, the Federal Trade Commission completed a decade-long study which found that more than 20% of consumers had at least one error on a credit report significant enough to potentially…

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The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.

4 Tips to Balance Your Mortgage With Student Loans

Part of Money Matters

Balancing any household budget can be a juggling act. Adding a mortgage loan on top of everything else can make it seem almost impossible. In fact, Millennials have put off big investments like purchasing a home, often citing the large…

Next Up!
The Morty Report: What the rate hike means for mortgages

Some mortgage rates crept above 6% this week, as the market reacted to higher-than-expected inflation data and sought to price in anticipated rate hikes coming out of this week’s Federal Reserve meeting.